Author Topic: A day after Ripple FinCen fine... Its quiet....  (Read 5061 times)

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Offline Riverhead

+5

although this is worrying

n a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges may be money transmitters, even if they only match buyers and sellers on their platform
This just in: HUAC reformed as FinCEN - goes after Crypto enablers.

Sent from my Timex Sinclair


Offline topcandle

+5

although this is worrying

n a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges may be money transmitters, even if they only match buyers and sellers on their platform
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

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https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline fav

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No statement from BM.No denial of Reports.

Sorry, but I fail to see the connection between BM and Ripple.
oh, really?

Bytemaster
Ripple

How can you not see that?

OMG, contacting Galileo Mystery now



Edit: legal discussion https://bitsharestalk.org/index.php/topic,16174.0.html - moving this thread to the fun room now
« Last Edit: May 07, 2015, 09:03:07 am by favdesu »

Offline JA

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No statement from BM.No denial of Reports.

Sorry, but I fail to see the connection between BM and Ripple.
oh, really?

Bytemaster
Ripple

How can you not see that?

Offline fav

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No statement from BM.No denial of Reports.

Sorry, but I fail to see the connection between BM and Ripple.

Offline kenCode

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The only problem I think we'd have is finding Coders qualified to replace the core devs. The software runs whether they are actively coding now or not.
 
Maybe we should require 51% of the core devs to manually wall burn a warrant canary that publishes a different "GOOD TO GO" style message every month. If the message is always slightly different, then we know that it was manually published and not some batch file. If it's multisig, we could stop the gov from tampering with those wall burns too. Secret subpoenas wouldn't be such a threat and we would be a lot more agile to such attacks.
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Offline fuzzy

https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

5 balls? Impressive...but what is the evolutionary reason and why the odd number?

It is a random mutation I guess. There will be evolutionary reason (for the future scientist to analyze) if they persist through the next 5-10  generation....

No wonder you have a supermodel wife...
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zerosum

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https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

What makes you think celticwarrior72 was AbL and why would that matter?
You are right that it really does not matter. All it is, is my memory is usually pretty good, I am kind of shocked when it fails me.

Offline yellowecho

https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

What makes you think celticwarrior72 was AbL and why would that matter?
696c6f766562726f776e696573

zerosum

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https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

5 balls? Impressive...but what is the evolutionary reason and why the odd number?

It is a random mutation I guess. There will be evolutionary reason (for the future scientist to analyze) if they persist through the next 5-10  generation....

Offline fuzzy

https://bitsharestalk.org/index.php/topic,10643.0.html

celticwarrior72 ?? WTF I'll bet one of my 5 balls it was AbL...

5 balls? Impressive...but what is the evolutionary reason and why the odd number?
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline fuzzy

No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined.  Maybe 700,000.  Can they absorb it?

We went over this all pretty exhaustively 6 months ago.  In fact, some of the impetus for the change to the dilution/paid delegate model was probably at least partially a response to the possibility of governmental attack.  The idea was to make Bitshares into something self funding in a decentralized way, that could survive whatever attack was thrown at it. 

Looks like a FUD post to try to get someone to sell into your buy orders OP? ;)

Of bitshare gets fined 70000 can bm and dev team take that hit?  It will close to lethal wouldn't you think. 

This is just a cautionary analysis.  No Fud.  An unwillingness to consider possible outcomes is problematic.

Then post as who you really are man. We can handle it i assure you.
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D